Ashoka Buildcon Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- Ashoka Buildcon Ltd reported a 4.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 10.1%.
- Its expenses for the quarter were up by 6.6% QoQ and down 15.2% YoY.
- The net profit increased 43.0% QoQ and increased 502.3% YoY.
- The earnings per share (EPS) of Ashoka Buildcon Ltd stood at 23.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2426.36 | 2528.99 | 2698.94 | -4.1% | -10.1% |
Total Expenses | 2119.80 | 1989.06 | 2500.48 | 6.6% | -15.2% |
Profit Before Tax | 306.57 | 539.94 | 198.46 | -43.2% | 54.5% |
Tax | -354.84 | 77.63 | 79.06 | -557.1% | -548.8% |
Profit After Tax | 661.50 | 462.47 | 109.82 | 43.0% | 502.3% |
Earnings Per Share | 23.30 | 16.30 | 3.80 | 42.9% | 513.2% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Ashoka Buildcon Ltd is a prominent infrastructure development company in India, primarily engaged in the construction and operation of highways, bridges, power transmission, and distribution projects. The company operates in the engineering, procurement, and construction (EPC) sector, offering a wide range of services that include road construction, power transmission lines, and urban infrastructure. Over the years, Ashoka Buildcon Ltd has emerged as a significant player in the Indian infrastructure industry, known for its robust project execution capabilities and diverse project portfolio. As of the latest data, the company continues to focus on expanding its footprint in various infrastructure segments across the country. There are no specific recent major developments mentioned in the provided data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Ashoka Buildcon Ltd reported a total income of ₹2,426.36 crores. This represents a decrease from the previous quarter (Q2FY25), where the total income was ₹2,528.99 crores, reflecting a quarter-over-quarter (QoQ) decline of 4.1%. When compared to the same quarter in the previous year (Q3FY24), the total income decreased from ₹2,698.94 crores, indicating a year-over-year (YoY) decline of 10.1%. This data suggests variations in revenue generation, with a notable decrease both on a quarterly and yearly basis.
Profitability
Ashoka Buildcon Ltd's profitability metrics for Q3FY25 highlight significant changes. The company's profit before tax (PBT) was ₹306.57 crores, showing a substantial decrease of 43.2% from the previous quarter's PBT of ₹539.94 crores. However, there is a notable increase of 54.5% when compared to Q3FY24, where the PBT stood at ₹198.46 crores. The profit after tax (PAT) for Q3FY25 was ₹661.50 crores, which is a considerable increase both QoQ and YoY, standing at 43.0% and 502.3%, respectively. This increase in PAT is accompanied by a significant tax rebate in Q3FY25, amounting to -₹354.84 crores, in contrast to the tax expenses of ₹77.63 crores in Q2FY25 and ₹79.06 crores in Q3FY24. The earnings per share (EPS) for Q3FY25 was ₹23.30, reflecting a rise of 42.9% from the previous quarter and 513.2% from the same quarter last year.
Operating Metrics
For the third quarter of FY25, Ashoka Buildcon Ltd reported total expenses of ₹2,119.80 crores. This marks an increase of 6.6% from the previous quarter's total expenses of ₹1,989.06 crores, yet shows a decrease of 15.2% compared to Q3FY24, where expenses were ₹2,500.48 crores. The changes in expenses indicate a reduction in costs compared to the previous year, but an increase from the preceding quarter. These variations in operating costs reflect the company's operational adjustments and cost management efforts during the period. No additional operational efficiency metrics such as P/E ratio, debt-to-equity ratio, or current ratio are provided in the data for further analysis.
